Question

Mercantilism was the reason that Europeans first set up trading posts and colonies in
a.
China and Japan.
c.
Asia and North America.
b.
Africa and Asia.
d.
Africa and India.


PLEASE ANSWER, this is my last question and I'm tryna play warzone lol

Answer 1

Answer:

What Is Mercantilism?

Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. Mercantilism is based on the principle that the world's wealth was static, and consequently, many European nations attempted to accumulate the largest possible share of that wealth by maximizing their exports and by limiting their imports via tariffs.